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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

Malawian Kwacha/South African Rand (FOREX:MWKZAR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_MWKZAR
Open High Low MWKZAR Price Change
0.018565 0.018565 0.018135 0.018165 -0.000400
Entry Signal

MarketClub’s Trade Triangles for MWKZAR

long term up The long term trend has been UP since Sep 28th, 2017 at 0.018755

intermediate term down The intermediate term trend has been DOWN since Nov 22nd, 2017 at 0.019230

short term down The short term trend has been DOWN since Dec 13th, 2017 at 0.018715

Smart Scan Analysis for MWKZAR

Based on a pre-defined weighted trend formula for chart analysis, MWKZAR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for MWKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.018565 0.018565 0.018135 0.018165 -0.000400
Prev. Close Volume Bid Ask Time
0.018565 0.017930 0.018400 2017-12-15 13:30:00
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